2027 Best Value Latin American Studies Schools in the Great Lakes Region

[Latin American Studies](/majors/ethnic-cultural-gender-studies/area-studies/latin-american-studies/) programs reward a close look at where your money goes furthest. The schools below stand out for delivering a strong latin american studies education at a price that pays off.
For its 2027 best-value ranking, College Factual looked at 6 schools to find the best return on investment for latin american studies students.
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2027 Best Value Latin American Studies Schools in the Great Lakes Region
Below are the schools that deliver the strongest value in latin american studies, balancing cost against outcomes.
Best Value Latin American Studies Schools
Our analysis ranked University Of Illinois At Urbana Champaign the best value for a degree in latin american studies in the Great Lakes Region. Set in the city of Champaign, University Of Illinois At Urbana Champaign is a very large public institution. The average in-state cost of tuition and fees is $18,267, while out-of-state students pay about $40,096. Typical student debt for latin american studies graduates is $22,050. Early-career latin american studies graduates make about $24,332. Weighed against typical debt, the earnings make a compelling case for value. University Of Illinois At Urbana Champaign admits about 42% of applicants.
Students looking for strong value in latin american studies will find it at Indiana University Bloomington, which ranked #2. Indiana University Bloomington is a very large public school located in the city of Bloomington. Expect in-state tuition and fees of around $12,144, while out-of-state students pay about $41,891. Typical student debt for latin american studies graduates is $21,710. Soon after graduation, latin american studies degree recipients from Indiana University Bloomington generally make around $52,123. That is a strong return on a $21,710 median debt. Indiana University Bloomington admits about 78% of applicants.
University Of Chicago came in at #3 on our 2027 list of the best value latin american studies schools. University Of Chicago is a very large private not-for-profit school located in the city of Chicago. In-state tuition and fees average $69,324. Students borrow a median of $15,854 to complete the latin american studies program here. Early-career latin american studies graduates make about $38,008. Set against $15,854 in median debt, that is a healthy payoff. University Of Chicago admits about 4% of applicants.
Students looking for strong value in latin american studies will find it at Ohio University Main Campus, which ranked #4. Ohio University Main Campus is a very large public school located in the town of Athens. Expect in-state tuition and fees of around $14,158, compared with $24,838 for out-of-state students. Typical student debt for latin american studies graduates is $24,546. Early-career latin american studies graduates make about $49,736. That is a strong return on a $24,546 median debt. The acceptance rate is 85%.
Students looking for strong value in latin american studies will find it at Miami University Oxford, which ranked #5. Located in the town of Oxford, Miami University Oxford is a very large public university. In-state tuition and fees average $17,519, while out-of-state students pay about $38,965. Typical student debt for latin american studies graduates is $20,552. Soon after graduation, latin american studies degree recipients from Miami University Oxford generally make around $49,700. Weighed against typical debt, the earnings make a compelling case for value. Miami University Oxford admits about 75% of applicants.
Oberlin College ranked #6 on our 2027 list of the best value latin american studies schools. Oberlin College is a mid-sized private not-for-profit school located in the town of Oberlin. Expect in-state tuition and fees of around $67,366. Latin American Studies graduates carry a median of $24,951 in student loans. Latin American Studies graduates of Oberlin College earn a median of $20,905 early in their careers. Weighed against typical debt, the earnings make a compelling case for value. Roughly 34% of applicants are accepted.
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Notes and References
This list is compiled by College Factual (MF_RANKING_2025), 2027 edition. Schools are scored on the balance of cost (tuition and student debt) against student outcomes (post-graduation earnings) — a measure of return on investment, drawn primarily from the U.S. Department of Education (IPEDS and College Scorecard).
Ranking method: College Major Best Value · 6 schools evaluated.
*Averages shown above reflect the top 6 ranked schools only.
- The Integrated Postsecondary Education Data System (IPEDS) from the National Center for Education Statistics (NCES), a branch of the U.S. Department of Education (DOE), serves as the core of our data about colleges.
- Some other college data, including much of the graduate earnings data, comes from the U.S. Department of Education’s (College Scorecard).
More about our data sources and methodologies.